Southampton South of The Highway Compound Opportunity
This unique building opportunity in Southampton contains four pre-existing structures on 1.12 acres, zoned R-15, South of The Highway, offering the ability to create a compound just steps away from the Shinnecock Bay and a short drive to the ocean and the Village. The site borders a scenic easement, allowing for privacy. Structures can be renovated or replaced with your desired project. Ask to see plans by BMA Architects Bridgehampton/Miami, for a 9,000 sf house/gym/garage or 7,000sf house/gym/garage. Room for pool and/or tennis/pickleball.
39 Cedar Drive, Southampton, NY, 11968
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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